The Ymagis Group today announced the launch of a professional license program for its EclairColor high dynamic range system in favor of independent film laboratories, content services companies and projection system integrators. EclairColor used by filmmakers and content creators to significantly enhance the cinema experience by bringing richer colors, greater brightness and definition, more depth of field and more density to the screen.
Distribution & Exhibition
MoviePass has signed a media partnership with iHeartMedia, a leading U.S. multi-media company. The new agreement includes an extensive marketing campaign across iHeartMedia’s multiplatform network including radio, digital, social and live events to help build further brand awareness of MoviePass and target new subscribers in select U.S. metro markets that have active movie-going audiences. In addition, iHeartMedia will be an authorized reseller of ad inventory across the MoviePass website and mobile app.
Regal Entertainment has added a 4DX screen to its Washington, D.C. location the Regal Gallery Place Stadium 14. This is the first 4DX screen in the market and Regal’s sixth overall.
Screenvision Media today announced a record year of business, with robust year-over-year organic revenue growth in 2017, including eight percent revenue per patron growth, reinforcing the marketplace demand for cinema advertising’s ultimate premium video offering.
Ymagis Group today reported that the Bpifrance Assurance Export, acting on behalf of the French State, has approved an overall investment budget of €6 million to help accelerate the development of the EclairColor high dynamic range system in the United States and Canada.
Leading event cinema distributor Fathom Events today reported that 26 of its titles grossed more than $1 million each at the box office in 2017. This statistic sets a new record and is a significant achievement over the company’s 2016 box office success of 14 titles passing this threshold, further demonstrating the increasing value and audience interest in event cinema.
IMAX and CJ CGV today announced a sales agreement for four new IMAX theatres to be added to existing and new multiplexes in Turkey. The theatres will be operated by CJ CGV subsidiary, Mars Entertainment Group, operator of the largest cinema circuit in Turkey. The agreement brings to 133 the exhibitor’s total IMAX commitment with theatres in South Korea, China, Vietnam and Turkey.
The Indian film entertainment company Eros International announced today that Eros Now, its digital over-the-top South Asian entertainment platform has reached 80 million registered users and five million paying subscribers worldwide. This represents growth of more than 150 percent since the end of 2016.
Deluxe Entertainment Services Group today announced that it has appointed two senior executives to the London-based leadership team to align digital cinema, delivery and localization: Andrew Bell joins Deluxe as senior vice president, operations and technology, EMEA. George Eyles has been promoted to senior vice president, commercial and business development, worldwide. Both Bell and Eyles will report to Walter Schonfeld, worldwide president of Deluxe Distribution.
Less than 30 days after announcing its milestone of one million subscribers, MoviePass announced today that it has added another 500,000 new paying subscribers since December 12, 2017. MoviePass is a majority-owned subsidiary of Helios and Matheson Analytics.